In Oblivion, when a Dremora attacks they use the works Fettlekyn and Nikyn, I think refering to something it's trying chop up into bits -- so I guess they are not terms of endearment.
They also say "Kyn and Valkyn" -- I think Valkyn is Mehrune Dagon's personal guard, right? So what is Kyn?
the suffix "...kyn" appears to be common and so I'm guessing it has some meaning.
Also what does "nithing" mean?
Is there a source for this, I can't find anything through searches.
"Kyn" is how they refer to themselves. Cognate with "kin".
So, to a first approximation:
"Kyn and Valkyn", "for the people and the rulers". Compare "SPQR".
"Nikyn", "not Kyn", anyone that is in the disgraceful state of not being a Dremora.
"Nithing", "nothing", similarly.
Not sure about "fettlekyn". I'll take a wild guess that it means "slave to the Kyn", one that isn't a Dremora.